The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Piramal Vibhuti Investments Ltd, Kiddy Plast Ltd & PACs
VIPIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On 26th September 2025, two promoter group entities — Piramal Vibhuti Investments Ltd and Kiddy Plast Ltd — together sold 88,40,076 shares (about 6.23% of VIP Industries) in the open market. Piramal Vibhuti sold 77,52,742 shares (5.46%), reducing its stake from 15.72% to 10.26%. Kiddy Plast sold 10,87,334 shares (0.77%), bringing its holding down from 2.34% to 1.57%. The sellers are part of the promoter/promoter group, which includes Dilip Piramal, family members, and associated entities. The total share capital of VIP Industries remains unchanged at approximately 14.20 crore shares. This is a sizable cut in promoter ownership through a single block of open market sales.
A combined promoter stake sale of over 6% in a single day is likely to weigh on the stock, as it signals promoter exit and may raise concerns among retail investors. Watch for any further disclosures from PACs, as additional promoter selling could follow.